Garmin Ltd. (GRMN)
NYSE: GRMN · Real-Time Price · USD
205.59
-1.78 (-0.86%)
Nov 20, 2024, 4:00 PM EST - Market closed
Garmin Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 | Dec '20 Dec 26, 2020 | Dec '19 Dec 28, 2019 | 2018 - 2014 |
| Revenue | 5,957 | 5,228 | 4,860 | 4,983 | 4,187 | 3,758 | Upgrade
|
| Revenue Growth (YoY) | 17.91% | 7.57% | -2.46% | 19.02% | 11.42% | 12.25% | Upgrade
|
| Cost of Revenue | 2,476 | 2,223 | 2,054 | 2,092 | 1,705 | 1,524 | Upgrade
|
| Gross Profit | 3,481 | 3,005 | 2,807 | 2,890 | 2,481 | 2,234 | Upgrade
|
| Selling, General & Admin | 1,090 | 1,008 | 944 | 893.09 | 774.75 | 683.02 | Upgrade
|
| Research & Development | 972.09 | 904.7 | 834.93 | 778.75 | 652.34 | 605.37 | Upgrade
|
| Operating Expenses | 2,062 | 1,913 | 1,779 | 1,672 | 1,427 | 1,288 | Upgrade
|
| Operating Income | 1,418 | 1,092 | 1,028 | 1,219 | 1,054 | 945.59 | Upgrade
|
| Interest & Investment Income | 105.98 | 77.3 | 40.83 | 28.57 | 37 | 52.82 | Upgrade
|
| Currency Exchange Gain (Loss) | 35.07 | 26.43 | -11.27 | -45.26 | 2.83 | -16.8 | Upgrade
|
| Other Non Operating Income (Expenses) | 2.91 | 4.52 | 8.56 | 4.24 | 7.95 | 4.82 | Upgrade
|
| EBT Excluding Unusual Items | 1,562 | 1,200 | 1,066 | 1,206 | 1,102 | 986.42 | Upgrade
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| Gain (Loss) on Sale of Investments | -0.04 | -0.06 | -0.99 | 0.62 | 1.39 | 0.8 | Upgrade
|
| Pretax Income | 1,562 | 1,200 | 1,065 | 1,207 | 1,103 | 987.22 | Upgrade
|
| Income Tax Expense | 44.47 | -89.28 | 91.39 | 124.6 | 111.09 | 34.74 | Upgrade
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| Net Income | 1,518 | 1,290 | 973.59 | 1,082 | 992.32 | 952.49 | Upgrade
|
| Net Income to Common | 1,518 | 1,290 | 973.59 | 1,082 | 992.32 | 952.49 | Upgrade
|
| Net Income Growth | 45.84% | 32.46% | -10.04% | 9.06% | 4.18% | 37.23% | Upgrade
|
| Shares Outstanding (Basic) | 192 | 191 | 193 | 192 | 191 | 190 | Upgrade
|
| Shares Outstanding (Diluted) | 193 | 192 | 193 | 193 | 192 | 191 | Upgrade
|
| Shares Change (YoY) | 0.57% | -0.51% | -0.00% | 0.60% | 0.52% | 0.61% | Upgrade
|
| EPS (Basic) | 7.91 | 6.74 | 5.06 | 5.63 | 5.19 | 5.01 | Upgrade
|
| EPS (Diluted) | 7.86 | 6.71 | 5.04 | 5.61 | 5.17 | 4.99 | Upgrade
|
| EPS Growth | 45.02% | 33.13% | -10.16% | 8.51% | 3.61% | 36.34% | Upgrade
|
| Free Cash Flow | 1,257 | 1,183 | 543.97 | 704.78 | 949.87 | 580.52 | Upgrade
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| Free Cash Flow Per Share | 6.52 | 6.16 | 2.82 | 3.65 | 4.95 | 3.04 | Upgrade
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| Dividend Per Share | 3.000 | 2.920 | 2.920 | 2.680 | 2.440 | 2.280 | Upgrade
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| Dividend Growth | 2.74% | 0% | 8.96% | 9.84% | 7.02% | 7.55% | Upgrade
|
| Gross Margin | 58.43% | 57.48% | 57.75% | 58.01% | 59.27% | 59.45% | Upgrade
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| Operating Margin | 23.81% | 20.89% | 21.15% | 24.46% | 25.18% | 25.17% | Upgrade
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| Profit Margin | 25.48% | 24.67% | 20.03% | 21.72% | 23.70% | 25.35% | Upgrade
|
| Free Cash Flow Margin | 21.10% | 22.62% | 11.19% | 14.14% | 22.69% | 15.45% | Upgrade
|
| EBITDA | 1,597 | 1,270 | 1,192 | 1,373 | 1,181 | 1,052 | Upgrade
|
| EBITDA Margin | 26.81% | 24.29% | 24.52% | 27.56% | 28.21% | 27.99% | Upgrade
|
| D&A For EBITDA | 178.53 | 177.57 | 163.85 | 154.82 | 126.72 | 106.18 | Upgrade
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| EBIT | 1,418 | 1,092 | 1,028 | 1,219 | 1,054 | 945.59 | Upgrade
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| EBIT Margin | 23.81% | 20.89% | 21.15% | 24.46% | 25.18% | 25.17% | Upgrade
|
| Effective Tax Rate | 2.85% | - | 8.58% | 10.32% | 10.07% | 3.52% | Upgrade
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| Advertising Expenses | - | 173.11 | 168.04 | 171.83 | 151.17 | 164.46 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.